Pisek, North Dakota Property Taxes
The median property tax rate in Pisek, ND is 1.32%, slightly higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Pisek, the typical annual property tax bill reaches $642, which is significantly lower than the national median of $2,690. Property taxes in Pisek are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pisek's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pisek or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pisek, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$642
$596
Ownwell’s Pisek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pisek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pisek to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pisek, North Dakota
Property taxes in Pisek, North Dakota, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pisek is 1.32%, which is significantly higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Pisek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pisek estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Pisek's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58273 has the highest median property tax rate of 1.32%, while the same zip code also has the lowest median tax rate of 1.32%. Understanding how these cities compare with Pisek provides valuable insights into the varying tax landscape across Walsh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pisek Tax Rate
1.32%
Average Walsh County Tax Rate
1.87%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pisek, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58273 | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Pisek, North Dakota
In Pisek, North Dakota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Walsh County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Pisek, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Pisek is $48,647, with the median tax bill being $642. Notably, the highest and lowest median tax bills are both $642, occurring in the zip code 58273. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pisek Assessed Value
$48,647
Average Walsh County Assessed Value
$50,800
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pisek, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58273 | $48,647 | $48,647 | $48,647 | $48,647 | $48,647 |
Source: Ownwell
Property Tax Bills Across Pisek, North Dakota
In Pisek, located in Walsh County, ND, property tax bills are calculated based on the assessed value of the home. The median home price in Pisek is $48,647. Property taxes are determined by multiplying the assessed value by the local tax rate. For instance, Pisek has a consistent tax bill of $642 across various percentiles, indicating a stable tax rate in the region. Several factors influence the assessed value, including the property's market value, location, and any improvements or changes made to the property. This assessed value is then subjected to the local tax rate to determine the final tax bill. Homeowners in Pisek can expect their property tax bills to be relatively uniform, providing predictability in annual expenses. Compared to the national median property tax rate of 0.99%, Pisek's property tax rate offers a unique perspective on how local tax policies can impact homeowners. By understanding these factors, homeowners can better anticipate their tax liabilities and manage their finances accordingly.
Average Pisek Tax Bill
$642
Average Walsh County Tax Bill
$926
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Pisek, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58273 | $642 | $642 | $642 | $642 | $642 |
Source: Ownwell